By Turner of Harris H.B. No. 1559
74R5432 GCH-D
A BILL TO BE ENTITLED
1-1 AN ACT
1-2 relating to payment of member contributions to retirement systems
1-3 for police officers in certain municipalities.
1-4 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF TEXAS:
1-5 SECTION 1. Chapter 76, Acts of the 50th Legislature, 1947
1-6 (Article 6243g-1, Vernon's Texas Civil Statutes), is amended by
1-7 adding Section 6A to read as follows:
1-8 Sec. 6A. (a) The governing body of a city to which this
1-9 Act applies by ordinance or resolution may provide that the city
1-10 pick up member contributions required by Section 6 of this Act or
1-11 Section 28, Article 6243g-3, Revised Statutes, so that the
1-12 contributions of all members of the Pension System qualify as
1-13 picked up contributions under Section 414(h)(2) of the Internal
1-14 Revenue Code of 1986. If the governing body of a city adopts an
1-15 ordinance or resolution under this section, the city, the Pension
1-16 Board, and any other necessary party shall implement the action as
1-17 soon as is practicable.
1-18 (b) Contributions picked up as provided by this section
1-19 shall be included in the determination of a member's base salary,
1-20 deposited to the individual account of the member on whose behalf
1-21 they are made, and treated for all purposes under this Act or
1-22 Article 6243g-3, Revised Statutes, in the same manner and with
1-23 like effect as if they had been deducted from the salary of and
1-24 made by the member.
2-1 SECTION 2. The importance of this legislation and the
2-2 crowded condition of the calendars in both houses create an
2-3 emergency and an imperative public necessity that the
2-4 constitutional rule requiring bills to be read on three several
2-5 days in each house be suspended, and this rule is hereby suspended,
2-6 and that this Act take effect and be in force from and after its
2-7 passage, and it is so enacted.